Symbiotic Secures $29M Series A—Universal Staking Protocol Aims to Rewire Blockchain Economics
The funding round sets the stage for a radical experiment in cross-chain coordination—because what crypto really needs is another middleware layer promising to ’fix fragmentation.’ Active validators, brace for disruption: Symbiotic’s architecture bypasses legacy staking silos, letting users compound yields across ecosystems. Will it actually work? That depends on whether VCs pumping millions into abstract ’coordination’ tech understand how real validators operate. Meanwhile, Ethereum L2s are already eyeing the tech stack—just in time for the next bull run’s infrastructure gold rush.